Select the Appropriate Classification of the Items Listed Below

question 63

Multiple Choice

Select the appropriate classification of the items listed below.
-A professor's salary at a university

• A)selling expense
• B)administrative expense
• C)direct materials
• D)direct labor
• E)overhead

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Definitions:

Licensed Fishing Outfits

Enterprises authorized to offer fishing activities and services, typically inclusive of guides, gear, and sometimes accommodations.

Business Organization

The structure of a company or enterprise, specifying how it is formed, run, and governed, including entities like corporations, partnerships, and sole proprietorships.

Economic Service

A service that provides economic benefit, including financial services, market analysis, and investment guidance.

Incorporated Cooperative

A cooperative entity that is legally incorporated, offering its members certain rights and protections under the law.